Ferran Torres: Barcelona agree deal to sign Man City forward for £55m
Barcelona will pay £46.7 million for Manchester City striker Ferran Torres, with an additional £8.5 million in add-ons. Torres is presently out with a foot injury.
Barcelona and Manchester City have agreed to a deal worth up to £55 million to sign Ferran Torres.
The Spanish club will pay an initial fee of £46.7 million (€55 million) plus £8.5 million (€10 million) in add-ons. Some £5.9 million (€7 million) of the add-ons are thought to be almost certain.
City will have profited at least £27 million (€32 million) on a player they paid Valencia roughly £20 million (€23 million) for in 2020.
Due to his brief time at the Etihad, they have not paid any of the agreed-upon add-ons.
Torres is regarded as one of Spain’s emerging stars, and Barcelona will have funds to spend in January after getting a large investment via a bank loan.
Their ties to City are deep as well; city officials such as Txiki Begiristain and Ferran Soriano formerly worked for Barca president Joan Laporta during his tenure at the club.
Barca are interested in Raheem Sterling, but City would like to keep him, having just returned to his finest form in a City shirt.
Torres, 21, has only been featured in the Premier League four times this season, scoring twice, and once in the Champions League.
He’s been out since October due to a foot injury he sustained while on international duty with Spain.
Barcelona can fund the transfer and stay on the right side of Financial Fair Play, according to Spanish football analyst Alvaro Montero, by agreeing to flexible payment plan with Manchester City.
“First of all, there is a bank credit [loan] for Barcelona signed with Goldman Sachs, and, in the last few weeks, they have leaked to the press they have got some savings. That means a little bit of cash, but not enough to pay that amount of money,” Montero told Sky Sports News.
“They have a good agreement with Manchester City, that means good payment conditions. Barcelona will pay for this transfer not in one or two years, but maybe in three, in four, in five years.
“To fulfil this move, Barcelona believe one or two players may leave.”